Is ELEY CMP standard Any Good?

Has anyone tried this Eley ammo from the Civilian Marksmanship Program?

5000 rounds for $354.95
ELEY CMP standard ELEY in conjunction with the CMP developed an accurate round packaged in a bulk pak. ELEY CMP standard features a paraffin wax coating to allow proper functioning through multiple .22LR firearm platforms. It will still be incredibly accurate compared to other ammo at this price point. ELEY CMP standard is available exclusively through the CMP. 40 grain 1090 fps Must be a member of an affiliated club. **Limit 2 cases per individual per year. Free S&H to all contiguous US states HI and AK call for S&H rates. 

Yes, it's very good. Good deal for the price. Because they are packed dog food style, I re-use plastic CCI 100 round boxes for easy distribution, for matches.

I put some in a Ransom Rest for a couple guys.  Not great in 3 pistols.  Worse than CCI and Federal GMM SV 22.  Possible I had a bad lot I suppose.   Okay for plinking IMo, but I wouldn’t buy or use it for myself if those groups were representative.

Bulk pack 22LR ammo does not have a sterling reputation.  Buddy tried some in his target rifle.  Did NOT like it.

This ammo works just fine for short line in my AW93 and Advantage Arms conversion. For the long line, I prefer SK Pistol Match for my pistols. YMMV. The target below is from 25 Yards Slow Fire training this weekend.